Elon Musk’s Hyperloop, His envisioned fifth-mode of transportation

MadEagles Sunday, July 21, 2013

Elon Musk who is more often compared as the real life Tony Stark, first started his business life by co-founding PayPal the gone on by starting major companies like Tesla Motors and Space-X. He is one of the few successful billionaires who has the zeal to change the world into a better place.

Musk recently announced his interest towards a transit system called Hyperloop in an interview to Pando Daily (Video below), He said this is a faster system than traditional methods.

“This system I have in mind, how would you like something that can never crash, is immune to weather, it goes 3 or 4 times faster than the bullet train , it goes about an average speed of twice what an aircraft would do. You would go from downtown LA to downtown San Francisco in under 30 minutes. And it would cost you much less than an air ticket or car, much less than any other mode of transport, because the fundamental energy cost is so much lower. And I think we could actually make it self-powering if you put solar panels on it, you generate more power than you would consume in the system. There's a way to store the power so it would run 24/7 without using batteries. Yes, [this is possible,] absolutely”.
—Elon Musk to Pando Daily, July 12, 2012

"What you want is something that never crashes, that's at least twice as fast as a plane, that's solar powered and that leaves right when you arrive, so there is no waiting for a specific departure time", --Musk to Bloomberg

Musk through his Twitter account said he will publish the Hyperloop alpha design by Aug 12